In During 14th Lok Sabha, Shri Shankersinh Vaghela Bapu won the election from Kapadvanj constituency and served as Union Cabinet Minister of Textiles till 2009,under the UPA-I Govt. Between 2004 and 2009, the textile industry of India went under remarkable transformations under his governance. The following are list of key transformations:
For the Textile Industries, he removed the CENVAT, as a result, India entered a zero excise regime and textile sector took–off.
The investment increased significantly in the textiles sector. The investment in the textiles and clothing sector increased from Rs 7,941 crores in year 2004-05 to Rs. 19,308 crores in year 2007-08.
The textile industry which was growing at 3-4 percent during the last six decades got accelerated to an annual growth rate of 16 percent in value term.
The Textile exports increased from US$ 14 billion in year 2004-05 to US$22.13 billion in year 2007-08.
The Scheme for Integrated Textiles Parks (SITP) was launched in July 2005 to strengthen infrastructural facilities in potential growth areas. During the tenure, 40 integrated textiles park were sanctioned which attracted an investment of Rs 21,502 crores which provided employment to over 9.08 Lakh workers and produce goods worth Rs. 38,115 crores, annually.
With focused support to cotton growers, the cotton productivity jumped from 399kg. /hectare in year 2003-04 to 591kg./hectare in the year 2008-09. Alongside the cotton export increased from 9.14 lakh bales in year 2004-2005 to 50 lakh bales in the year 2008-09 (report accounted till 16.10.2008).
The first ever “Tex-Summit 2007” was organized from 31st August -1st September 2007.
During his tenure, The National Jute Policy was announced on 15th April 2005. The Jute technology Mission with an estimated cost of Rs. 355 crores was launched in February 2007.
The National Jute Manufacturing Corporation (NJMC) was revived by the textile ministry with running three of its Jute mills (Kinnison, Khardah and RBHM Katihar).
The Health Insurance Scheme for Handloom Weaver and The Mahatma Gandhi Bunkar Bima Yojana was launched on 3rd November 2005 and 2nd October 2005 respectively. Both schemes with XI year plan period were merged under Handloom Weavers Comprehensive Welfare Scheme.